Initial Public Offering (IPO): News

22 Sep 2023

Alibaba Group

Alibaba subsidiary targets $1 billion in Hong Kong IPO

Cainiao Network Technology, the logistics subsidiary of Alibaba Group, is preparing to submit its application for an initial public offering (IPO) in Hong Kong as soon as next week.

Instacart co-founder Apoorva Mehta (37) nets $1.1 billion post-IPO exit

Apoorva Mehta (37), co-founder of Instacart, has earned a whopping $1.1 billion after the company launched its initial public offering (IPO).

14 Sep 2023

Stock Market

LVMH-owned 'world's oldest start-up' files for IPO in US 

German footwear brand Birkenstock has filed for an initial public offering (IPO) in the US.

14 Sep 2023

SoftBank Group

SoftBank's Arm hits $54.5 billion valuation in 2023's biggest IPO

Chip designer Arm Holdings has achieved a $54.5 billion valuation in its initial public offering (IPO) in the US, making it the biggest IPO of 2023.

12 Sep 2023

Stock Market

SoftBank-backed Arm's IPO already oversubscribed by 10 times

Arm Holdings's initial public offering (IPO) is already oversubscribed by 10 times, with bankers planning to stop taking orders earlier than expected.

JSW Infrastructure's Rs. 2,800 crore IPO aims for September launch

JSW Infrastructure, a leading maritime ports entity and subsidiary of the $23 billion JSW Group, is gearing up to launch its initial public offering (IPO) by September end.

11 Sep 2023

Stock Market

Basilic Fly Studio's IPO grows investor wealth by nearly 180%

Basilic Fly Studio, a visual effects studio operator, had a remarkable debut on the NSE SME platform. Its shares were listed at Rs. 271, a 179% premium over the IPO price of Rs. 97.

10 Sep 2023

Stock Market

Investors eye six IPOs and five listings this week

The Indian stock market is gearing up for a busy week with six Initial Public Offerings (IPOs) and five new listings.

07 Sep 2023

Stock Market

CPS Shapers lists strong on NSE with nearly 150% premium

CPS Shapers Ltd., a leading manufacturer of shapewear for men and women, made a remarkable debut in the Indian stock market today.

18 Jul 2023

Business

India leads the world in IPOs in 2023

India seems to be unfazed by the global downturn in initial public offers (IPO). The country is the top performer in the world in terms of IPOs.

07 Jul 2023

Stock Market

Drone-maker IdeaForge scores bumper IPO listing; doubles investor wealth

If you invested in drone-maker IdeaForge, you are in for a significant bump in your wealth.

27 Mar 2023

Finance

IPO withdrawal rumors are 'unfounded' and 'baseless': Mamaearth's CEO

Indian skincare company Mamaearth has dismissed rumors about its IPO withdrawal. Varun Alagh, the company's CEO, called the reports claiming Mamaearth's decision to postpone its IPO "baseless" and "unfounded."

12 Dec 2022

Stock Market

Sula Vineyards' IPO subscription open: Everything you need to know

Sula Vineyards Ltd, India's largest wine producer and seller, launched its initial public offering (IPO) at 10 am today. The bidding will remain open for the general public till December 14, 2022.

16 Sep 2022

Patanjali

4 Patanjali IPOs in next 5 years, says Baba Ramdev

India's most famous yoga guru, Baba Ramdev, is all set to float four initial public offerings (IPO) in the market.

31 May 2022

LIC

LIC records 18% fall in standalone net profit; announces dividend

State-run insurance giant Life Insurance Corporation of India (LIC) has announced its first quarterly results as a publicly traded company.

LIC IPO debuts on Dalal Street at discounted price

Following a much-awaited Initial Public Offering (IPO), LIC has made its debut on Dalal Street.

04 May 2022

LIC

Subscriptions for LIC IPO open: Everything you need to know

Subscription for the Initial Public Offering (IPO) of India's insurance behemoth Life Insurance Corporation (LIC) has opened today. The bidding will remain open for the general public till May 9.

Ahead of IPO, anchor investors show massive interest in LIC

The Life Insurance Corporation of India's (LIC) initial public offering (IPO) is set to be launched on May 4 and will remain for subscriptions until May 9, PTI reported.

18 Nov 2021

Paytm

Paytm debuts on NSE, BSE: Find all key details here

Today, the financial sector is clamoring about India's biggest initial public offering (IPO). Mobile payment platform Paytm's parent firm, One97 Communications, will debut on Dalal Street.

10 Nov 2021

Nykaa

Nykaa founder Falguni Nayar now India's wealthiest self-made woman billionaire

Indian beauty start-up Nykaa's shares made a strong debut on the Indian stock exchanges on Wednesday following an IPO. The stock traded at a premium of 82% on the NSE over its IPO issue price of Rs. 1,125 per share.

10 Nov 2021

Paytm

Paytm IPO Live Updates: All about India's largest-ever IPO

Subscriptions to Indian digital payment giant Paytm's $2.5 billion initial public offering slowed down on the second day of share sale because analysts voiced concerns about the company's profitability.

23 Jul 2021

Zomato

Zomato makes stellar stock market debut; lists at 53% premium

Shares of food delivery giant Zomato Friday made a stellar debut on stock markets as the company created history by becoming the first Indian unicorn to go public.

04 Jan 2021

Alibaba Group

Alibaba founder suspected to be missing after criticizing Chinese government

Chinese billionaire Jack Ma has not been seen in public for more than two months now, a development that has sparked questions about his whereabouts.

19 Dec 2020

Zomato

Ahead of its IPO next year, Zomato raises $660 million

Zomato has raised $660 million as part of its primary financing round, giving the Gurugram-based food tech unicorn a valuation of $3.9 billion, the company's founder and CEO, Deepinder Goyal, said on Twitter.

10 Sep 2020

Warren Buffett

Warren Buffett's Berkshire Hathaway investing $570mn in Snowflake

In a major, albeit surprising, move, Berkshire Hathaway, the multinational conglomerate led by investing legend Warren Buffett, has confirmed the plan to infuse nearly $570 million into Snowflake, a cloud data-warehousing unicorn in the US.

10 Sep 2020

Zomato

Zomato raises Rs. 760 crore from Tiger Global: Details here

In a major step forward, Zomato has raised Rs. 760 crore ($102 million) in funding from US-based investment firm Tiger Global Management.

03 Feb 2020

WeWork

WeWork appoints real estate veteran Sandeep Mathrani as CEO

WeWork, the American start-up that provides shared workspaces, has appointed real estate veteran Sandeep Mathrani as its new CEO.

01 Feb 2020

Nirmala Sitharaman

Budget 2020: Government to sell LIC holdings through IPO

Announcing the Union Budget 2020-21 on Saturday, Finance Minister Nirmala Sitharaman said that Life Insurance Corporation of India will now be listed on stock exchanges.

29 Nov 2019

Ola

Soon, Ola might lay off nearly 350 employees: Here's why

After barging into categories like financial services and car rentals, ride-hailing giant Ola is looking to focus more on growth and profitability.

25 Nov 2018

India

#FinancialBytes: 5 investment classes with most risk (and high return)

When it comes to investment, people have so many options today that some may even find it a little confusing to choose one.

15 Sep 2018

Xiaomi

Xiaomi creates new managerial positions to foster leadership

Amid increased scrutiny of governance and succession in mega Chinese tech firms, smartphone maker Xiaomi has announced that it is looking to create new managerial positions to build a second tier of leadership under CEO Lei Jun.

10 Sep 2018

Alibaba Group

Alibaba co-founder Jack Ma to step down in September 2019

Alibaba co-founder Jack Ma, one of the world's richest business executives, has announced that he will step down as the executive chairman of Alibaba in September 2019.

03 May 2018

Xiaomi

Xiaomi files for the biggest Chinese tech IPO since 2014

Chinese consumer electronics company Xiaomi has filed for an initial public offering (IPO) in Hong Kong Exchanges and Clearing (HKEX).

04 Apr 2018

Spotify

Spotify goes public, valued at $26.6 billion

In a unique IPO approach, Spotify is going the direct listing route instead of traditionally selling its shares on the stock market.

24 Feb 2018

Goldman Sachs

Dropbox files for IPO, to raise $500 million

File syncing service Dropbox has filed for an initial public offering (IPO).

OrCam: This lesser-known company got a $1 billion valuation

OrCam Technologies Ltd., an Israeli company developing technology for visually impaired people, has been valued at $1 billion after completing a funding round of $30.4 million.

25 Jan 2018

Indian Railways

South Western Railways announces 21 unreserved vacancies: Details here

The South Western division of Indian Railways has announced 21 unreserved vacancies for candidates under sports quota.

13 Nov 2017

Japan

Uber seals multi-billion dollar investment from Japan's SoftBank

Ride-hailing giant Uber has sealed a massive multi-billion dollar investment from Japanese technology conglomerate SoftBank.

SBI Life Insurance's stock market debut; gains 5% on issue-price

SBI Life Insurance made a strong market debut as it got listed on stock exchanges.

18 Sep 2017

India

Govt may get Rs. 15,000cr from NIA, GIC Re IPOs

The NDA government intends to rake around Rs. 11,000 crore by selling shares of four state-owned non-life insurers and the national reinsurer, according to its disinvestment plans for the current fiscal.

SBI Life Insurance's Rs. 8,500 crore IPO receives SEBI nod

According to reports, Securities and Exchange Board of India (SEBI) has given approval for the initial public offering (IPO) of SBI Life Insurance Co. Ltd, which is a joint venture between State Bank of India and BNP Paribas Cardif.

06 Sep 2017

India

Nifty 50: How does it actually work?

Post periodic review by India Index Services and Products (IISL), the National Stock Exchange's (NSE) will move ACC, Bank of Baroda, Tata Power and Tata Motors DVR from its benchmark Nifty 50 index.

06 Sep 2017

Business

'Angry Birds' maker Rovio plans IPO with $2 billion valuation

What is the worth of a Finnish company, which is known for making adorable yet disgruntled birds throwing themselves at pigs? Apparently, it's as high as $2 billion.

01 Sep 2017

Uber

Uber's new CEO Dara Khosrowshahi promises big changes

It looks like Uber's new CEO Dara Khosrowshahi is shaking things up for the better.

27 Jun 2017

India

HDFC Life, Max rejig merger plans after IRDA's cancellation

Post Insurance Regulatory and Development Authority of India (IRDA) rejection of HDFC Life Insurance Co. Ltd and Max Life Insurance Co. Ltd's three-step union, the two firms have extended their merger deadline and have come up with a new structure in compliance with all norms.

19 Jun 2017

India

CDSL IPO gains full subscription on Day 1

The Central Depository Services Ltd (CDSL), one of the two depositories in India, saw its initial public offering (IPO) oversubscribed nearly 1.01 times today, its first day of issue.

14 Apr 2017

India

Henry Kravis' tryst with Indian investment scenario

Investment firm KKR's co-founder Henry Kravis will go down in history of investments with two words that remain highlighted in his career- "Leveraged buyout" and "go-go '80s"

03 Apr 2017

Technology

Wag does (p)awe-some job of getting $19 million in funding

Wag, a dog-walking venture has managed to secure $19 million with General Catalyst giving $4 million and Sherpa Ventures contributing $15 million.

02 Feb 2017

India

Budget 2017: Tax sops to boost MSME ecosystem

Finance Minister Arun Jaitley announced a variety of tax sops directed at the micro, small and medium enterprises (MSME) sector in the budget yesterday.

Pune-based startup Druva raises $51 mn in funding

Pune-based data protection solutions start-up Druva Inc. announced that it raised $51 million in funding.

19 Sep 2016

India

ICICI Pru Life insurance IPO: To subscribe or not?

India's largest insurer is set to open its IPO today for subscription for nearly 18.13 crore equity shares.

12 Sep 2016

India

Three IPOs to hit Indian markets in September

Three Indian firms are set to be listed this month, helping raise a whopping Rs.7,000 crore during their initial public offering (IPO).

02 Aug 2016

Donald Trump

Warren Buffett takes on Donald Trump

At a rally with Hillary Clinton, Buffett launched a scathing attack on Donald Trump for his reluctance to make his tax returns public .